Newsonomics: In the Consolidation Games, Enter the Bankers
The bankers are now hired. Is the early 2019 newspaper chain M&A face-off now getting serious?
It’s reminiscent of an earlier brand of warfare. Newspaper chains — all cutting desperately, each facing a shortening deadline to make a “digital transition” — line up their dealmaking armies, swords sharpened if not yet crossed.
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